REI Lense

REI Lense

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$1,782 (target)

1315 Debbie Dr, Canton, TX 75103

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -3.19% first-year return on $49,350 initial cash invested.

-3.19%

Cash On Cash

6.14%

Cap Rate

0.97

DSCR

$1,782

Rent

-$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,782 income − $1,913 expenses = $131 out of pocket

Income$1,782Out of Pocket$131Mortgage P&I$1,24470%Property Taxes$1247%Insurance$825%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,782

Total Expenses

$1,913

Mortgage P&I

70%

$1,244

Property Taxes

7%

$124

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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